Bithumb
the share centre
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Overview
Bithumb was founded in 2009 and is headquartered in Hong Kong, while the share centre was established in 2019 and is based in Bulgaria. Bithumb holds licences including Unregulated, while the share centre is regulated by Financial Conduct Authority (FCA) among others. Bithumb serves 10,000+ clients worldwide; the share centre has 60,000+. The minimum deposit is $500 at Bithumb and $250 at the share centre.
| Feature | Bithumb | the share centre |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F322 |
| Founded | 2009 | 2019 |
| Country | Hong Kong | Bulgaria |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Bithumb and the share centre, directly affecting your bottom line as a trader. the share centre has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Bithumb). the share centre charges withdrawal fees while Bithumb does not, giving Bithumb an edge for frequent withdrawers. the share centre applies inactivity fees on dormant accounts; Bithumb does not. the share centre charges deposit fees; Bithumb does not. Overall, Bithumb scores higher on fees in our assessment.
| Feature | Bithumb | the share centre |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Bithumb offers MT4, MT5, cTrader, while the share centre supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Bithumb | the share centre |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,iOS,Mac | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bithumb and the share centre compare. the share centre has a video library; Bithumb does not. the share centre integrates third-party research tools (Autochartist); Bithumb does not. the share centre scores higher overall in education and research.
| Feature | Bithumb | the share centre |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bithumb accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | Bithumb | the share centre |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bithumb and the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. Bithumb supports 2 languages and the share centre supports 8, giving the share centre broader global reach. Both brokers are comparable on support quality.
| Feature | Bithumb | the share centre |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |